Marin Software IPO Reveals It's Not Profitable, And Doesn't Expect To Behttp://www.businessinsider.com/marin-software-ipo-reveals-its-not-profitable-and-doesnt-expect-to-be-2013-2/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 21:26:24 -0400Jim Edwardshttp://www.businessinsider.com/c/511f7f46eab8ea543e000017cas127Sat, 16 Feb 2013 07:44:54 -0500http://www.businessinsider.com/c/511f7f46eab8ea543e000017
Party like it is 1999.http://www.businessinsider.com/c/511d48136bb3f7133200000dfarrstThu, 14 Feb 2013 15:24:51 -0500http://www.businessinsider.com/c/511d48136bb3f7133200000d
Hmmmmm should I burn my money or invest it in these guys?
If I invest it in these guys there is a slim chance they are wrong...........which would be like wining a lottery..........or I could just buy lottery tickets instead.
Nah burning money will be more satisfying.http://www.businessinsider.com/c/511d10c46bb3f7d34b000002krypticThu, 14 Feb 2013 11:28:52 -0500http://www.businessinsider.com/c/511d10c46bb3f7d34b000002
They have revenue, but at their current cash burn they'll be out of business by the fall.
Presumably attempts to raise money from VCs and PE firms have either failed or the terms were too onerous for current management. This leaves their management with two options, either drastically cut expenses (they are in a VERY expensive location) or roll the dice with an IPO. The IPO looks better than moving to Reno and hiring new staff.http://www.businessinsider.com/c/511ce87269bedd2c1b000004Dean WormerThu, 14 Feb 2013 08:36:50 -0500http://www.businessinsider.com/c/511ce87269bedd2c1b000004
Who is the lead underwiter on this POS? So then they are expecting the great unwashed retail schmoes to pay for their little hobby? Why does this sh*t even get to market?